China Arrests Former CEO Of JPMorgan Asia

Just one day after the FBI issues arrest warrants for 5 Chinese military officials, Caixin reports that Fang Fang - the former CEO of JPMorgan Asia - has been arrested in Hong Kong by the Independent Commission Against Corruption (or anti-graft agency). Coincidental timing we are sure; and while details are sparse, the arrest appears linked to the hiring of the children of Chinese officials. Bloomberg reports that Fang declined to comment after being released on bail (under restrictions not to leave Hong Kong).

48-year-old Morgan Chase vice chairman of investment banking in Asia and the former CEO of China Fang Fang was arrested recently in Hong Kong by the Independent Commission Against Corruption, the reason is still suspected of hiring a child of officials to get projects and getting burned.

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Two independent sources of information on condition of anonymity, told reporters that the news respectively...

Sources pointed out that square and was released on bail after exit restrictions. Need to wait and cooperate with the investigation and judicial developments related to the case.

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"Scandals fermentation, someone to pay the price." Person close to JPMorgan Chase earlier told the new financial reporter

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"China's internal JPM Asian investment banking team now feel insecure." Who comes close to JP Morgan, JP Morgan Chase also helped bankers hired lawyers to deal with possible future investigation. "The major investment banks in the self-examination, lawyers are busy now."

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"Although the U.S. Department of Justice is to blame investment banks, but investment banks will generally push to individuals looking for a scapegoat." An investment bank executives said.

Or simple old retailation? Of course - the big retaliation will be signing the 'holy grail' gas deal with Russia tomorrow.

How is the US media going 'ballistic' over the failure of the Russians to agree on shipping theoretically available gas thousands of miles via pipelines that don't exist to a country that will give them one of the most worthless currencies in history as exchange? Even the fucking Russians don't want Chinese shit paper because there's no international clearing CNY bond market to invest in.

USD is a currency backed by accounting fraud where non-performing debt is considered a backing asset. And no, rolled over debt is not performing. Performing is when it's being paid back. US govt isn't paying back any debt. Just borrowing more and building up more debt.

Sounds like switching from USD to CNY is a pretty smart move by Russia considering CNY WILL be the next reserve currency.

At least the Chinese have given a signal that they realize the real puller of the puppet US government's strings is the international banking cartel. Hopefully when the time comes to create the third world war, the Chinese (and Russians) will be very selective in their targeting, to include Basel, Zurich, the City of London, Wall Street and Tel Aviv. They have shown that they know who the real enemy is. Taking out a few selected financial centers would give them the upper hand in an otherwise rudderless world.

3. Visualize members of the physical dark Cabal, such as central banking criminals Rothschilds and Rockefellers, and other members of this Cabal such as Henry Kissinger, George Bush, the Jesuits etc. peacefully surrendering and stepping down from their positions of power, releasing control over the financial system and the mass media. Visualize civil authority arresting those members of the Cabal that do not wish to surrender. Visualize this process taking place worldwide peacefully and smoothly. Visualize the world finally being free from financial slavery, free from all evil dictators and corrupt politicians.

4. Visualize bright new future for humanity, with new and fair financial system put into place, with all debts canceled, prosperity funds for humanitarian projects released, advanced technologies introduced, ecosystem healed and human beings finally being free from all oppression.

I wish that would happen here. Obama's uncle collecting money for the Muslim Brotherhood gets tax exempt status approved in one day by Lois Lerner and Michelle's relatives get 100s of millions to develop Healthcare.gov before having it thrown out and starting all over again. Our regime in the most corrupt, indulgent, and elitist in US history. Hard to top the Clintons but these people have done it ... In contrast, when Harry Truman left the White House in 1953, he packed all his accumulated belonging in his new Studebaker and drove home to Missouri.

The Chinese government is corruption. So, to give the illusion that they have even the slighestt interest in prosecuting their own family and golf buddies, they snap into action... AND ... arrest the executive of a foreign bank. Bleahh. How this horse manure stinks.

redd_green..............Troll., or stupid,. Maybe a stupid troll? Whatever. Look in the mirror, the USA has lost World wide trust including in your back door. You are part of the problem selling out your chidrens future, does that make you Happy?